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Why does reforming the business environment matter?
Other findings from
recent research.
• Economies with more transparent and accessible information have
lower levels of corruption
on average.
• In economies with effective regulation, firms are also more inclined to
join the
formal sector.
• Improving port efficiency can lower shipping costs,
increasing the
volume of bilateral trade.
• Better performance in
Doing Business
is associated with
less income
inequality
on average, particularly regarding the starting a business
and resolving insolvency indicator sets